Highlights

  • National Data Governance Policy presented during Union Budget
  • Will provide an institutional framework of data/datasets/metadata
  • Will simplify KYC process

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Government to introduce National Data Governance Policy for simplified KYC process

The National Data Governance Policy will provide an institutional framework of data, datasets and metadata.

Government to introduce National Data Governance Policy for simplified KYC process

Finance Minister Nirmala Sitharaman presented the Union Budget 2023-24 on Wednesday. To simplify the KYC process and anonymise individual data, a National Data Governance policy was included in it.

The National Data Governance Policy will enable access to anonymised data and was deliberated by the Ministry of Electronics and Information Technology from 2020. The policy will provide an institutional framework of data/datasets/metadata and ensure privacy, security and trust.

Frequently Asked Questions

The purpose is to simplify the KYC process and anonymise individual data.

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